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VC can generally be split into two different categories. You have early stage and late stage VC.
Early stage refers to investments made early in the lifecycle of a startup. Pre-seed, seed, and series A. Generally smaller investment sizes, smaller valuations, more risk, and greater reward.
Late stage invests in more mature startups that have already raised prior funding. Still is very risky, but these startups have a lot more traction. They usually have customers, some revenue, a minimum viable product (or more). Check sizes can be much larger here, thus late stage VC usually can only be done by the bigger funds.
Does that help? Happy to point you in the right direction if you want to learn more.
The difference between investment objects and investment purposes